STOCK TITAN

BlackBerry Launches New AI-Powered Mobile Threat Defense (MTD) Solution to Protect Against Mobile Malware and Phishing Attacks

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary

BlackBerry Limited (NYSE: BB) launched BlackBerry Protect Mobile, an AI-driven mobile threat defense (MTD) solution, on October 6, 2020. This product enhances endpoint security by providing real-time visibility into mobile devices amidst rising mobile malware and phishing threats, which have surged by 40% during the pandemic. The solution detects attacks automatically and alerts users before they engage with harmful content. BlackBerry continues to secure over 500 million endpoints globally, positioning itself as a leader in cybersecurity.

Positive
  • Launch of BlackBerry Protect Mobile enhances cybersecurity offerings.
  • Addresses increasing mobile phishing threats, which rose by 40%.
  • Uses advanced AI for proactive threat detection without human intervention.
  • Strengthens BlackBerry's market position in mobile security with a comprehensive solution.
Negative
  • None.

Incorporates Most Advanced AI and Machine Learning Innovation to Revolutionize the MTD Category

WATERLOO, Ontario, Oct. 6, 2020 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today unveiled BlackBerry® Protect Mobile, a new mobile threat defense (MTD) solution that extends the powerful AI-based security in BlackBerry® Protect to mobile devices. The solution provides security teams with unprecedented visibility into their mobile, desktop, and server endpoints from a single security console, which is critical during a time when remote workers are being targeted with mobile malware and phishing attacks.

Recent studies have reported that mobile phishing is one of the fastest growing threats and global mobile phishing attempts has increased by almost 40% amid the shift to remote work during the pandemic. A lack of visibility into endpoint activity could result in threats within the infrastructure remaining undetected until it's too late. In 60% of breaches, attackers compromised organizations within minutes,1 however on average it took organizations 229 days to identify a malicious attack had occured2.

Built on the BlackBerry Spark® Platform, BlackBerry Protect Mobile leverages BlackBerry's advanced AI engine to detect attacks before they can execute. It alerts users before opening URLs and visiting spoofing websites designed to mimic legitimate pages to gather confidential or personal information. It does so by detecting mobile malware attacks at the device and application levels to extend protection without the need for human intervention. It identifies security vulnerabilities and potential malicious activities by monitoring system parameters, device configurations, and system libraries at the application level. It also identifies malware from sideloaded applications, and can ensure that applications are only sourced through secure repositories.

Protect Mobile is a product within BlackBerry® Cyber Suite, which combines AI-driven endpoint protection (EPP), detection and response (EDR), mobile threat defense (MTD), and continuous authentication and behavioral analytics (UEBA) for the broadest and most powerful set of security solutions available.

"The number of phishing attacks that target mobile users will continue to rise because business is being conducted on mobile devices and users are more susceptible to attacks when viewing and accessing content on the go," said Billy Ho, Executive Vice President of BlackBerry Spark. "BlackBerry Protect Mobile provides mobile device security integrated into our unified endpoint security (UES) solutions for a simplified approach to identifying and alerting users and administrators to phishing attempts and mobile malware across the enterprise."

"The shift to global work from home driven by the COVID-19 pandemic has disrupted the traditional notion of work, and remote work is here to stay," said Phil Hochmuth, Program Vice President, Enterprise Mobility, IDC. "We expect that the WFH boom will spark initiatives to modernize enterprise security, including mobile threat detection, which is essential for organizations to defend their users from growing mobile risks."

Learn more about BlackBerry Protect Mobile and BlackBerry Cyber Suite at the 2020 BlackBerry Security Summit (October 6-7). During the company's seventh annual event, industry experts and thought leaders from across the globe will come together virtually to discuss a range of topics, including security in a remote working world, business continuity, Zero Trust/zero touch, artificial intelligence, machine learning, and crisis communications for employee safety. To register, please visit https://www.blackberry.com/securitysummit.

About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 175M cars on the road today.  Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere. 

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@BlackBerry.com

1 Source: Verizon Data Breach Report
2 Source: 2016 Cost of Data Breach Study: Global Analysis, Ponemon Institute

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/blackberry-launches-new-ai-powered-mobile-threat-defense-mtd-solution-to-protect-against-mobile-malware-and-phishing-attacks-301146433.html

SOURCE BlackBerry Limited

FAQ

What is BlackBerry Protect Mobile?

BlackBerry Protect Mobile is a new mobile threat defense solution that provides enhanced security for mobile devices using AI technology.

How does BlackBerry Protect Mobile enhance security?

It offers real-time visibility into mobile endpoints, automatically detects and alerts users of potential threats before they occur.

What recent threats does BlackBerry Protect Mobile address?

The solution addresses the rising mobile phishing threats that increased by 40% during the shift to remote work.

When was BlackBerry Protect Mobile launched?

BlackBerry Protect Mobile was launched on October 6, 2020.

How many endpoints does BlackBerry secure globally?

BlackBerry secures over 500 million endpoints worldwide.

BlackBerry Limited

NYSE:BB

BB Rankings

BB Latest News

BB Stock Data

1.38B
579.40M
1.7%
46.36%
4.57%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
WATERLOO